News: Angelina For Vuitton & Dov's Bailout

Angelina Jolie will reportedly be the new face of Louis Vuitton. The actress is set to star in a print ad campaign, most likely shot by Annie Leibowitz and will make "close to $10 million." {E! Online}

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American Apparel CEO Dov Charney has narrowly escaped bankruptcy once again thanks to a $15 million cash injection from a group of Canadian investors. {NY Post}

The Times profiled former Chanel model and muse Ines de la Fressange, whose book Parisian Chic: A Style Guide has just hit U.S. shelves. {NY Times}

Joanna Lumley and Jennifer Saunders of Absolutely Fabulous will film three brand new episodes of Ab Fab this summer! {Daily Mail}